Ireland’s nine billionaires have lost a third of their wealth - Forbes
Elon Musk: No longer the world's richest man, he has slipped into second place.
In Ireland, our nine billionaires – who are all male – are worth $36.2 billion , which is down significantly on the $54.8 billion they were valued at last year. Among the biggest losers on the list were the Collison brothers, John and Patrick, from Co Limerick who were hit hard by the ongoing turbulence in the tech industry. Their online payments company Stripe last month raised $6.5 billion in a funding round that valued it at $50 billion. At its peak valuation in 2021, the company was worth $95 billion, but that has fallen in recent months.
Next in line is Digicel founder and owner Denis O’Brien who is ranked 1,104th in the list with wealth of $2.7 billion, down from $3.8 billion last year. With estimated wealth of $2.1 billion, Kingspan founder Eugene Murtagh is ranked 1,434th on this year's list. Photograph: Alan Betson
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